FINANCIAL PLANNING
ARTICLES BY ART
Rarely in my business do I come across an individual with a stronger drive to do what is best for his clients rather than simply chase after the next commission check. This past year, I was blessed to cross paths with Art Vangeli, CFP who approaches our business with the highest level of integrity. He has kindly offered to provide my clients and visitors to my website some of his most important ideas and concepts when it comes to financial planning. I hope you enjoy "Articles by Art" as much as I have.
Sincerely,
Matt McCracken
- Net Unrealized Appreciation: Learn about one of the most costly mistakes 401k participants are liable to make when entering retirement. The advice Art provides will seldom be shared with expecting retirees as it will cut into the AUM you roll over into an IRA account.
- Market Volatility and Distributions in Retirement: The impact of account distributions on an account invested in volatile capital markets is perhaps the least understood phenomenon in the financial services industry. This article clearly shows just how detrimental volatility can be when taking an income.
- Income & Estate Tax Planning for a Large IRA: Retired Indivdiual who have a large balance in their IRA face unique tax challenges. If your IRA balance is in excess of $1M, this article will help you understand how to make sure you or your heirs are not over-taxed.
- Helping You Avoid IRA Distribution Mistakes: You own two pots of money, one which you've already paid taxes on and one you haven't. This article will help you best take advantage of both pots to reduce your total tax liability.
- Exxon Pre-retirement Video: A 10 minute video covering essential concepts that all Exxon retiring employees should know.
- Six Best and Worst IRA Decisions: Candid advice on rolling over your 401k which can positively impact your retirement but is rarely shared by your advisor because it would negatively impact his business.
- Financial Survival after a Job Loss: Unfortunately, this is a topic that is far important in today's economy. Hopefully this article can provide some useful tools and ideas to help those who need it the most.
- Should I accept an Early Retirement/Buyout Offer?: Every day in the news there is another story about a US company downsizing/rightsizing/ect and it often leads to buyout packages for employees closer to retirement. While every situation is different and should be handled in a unique way, Art provides some thinking points in this article.
- Financial Planning for Educators: Perhaps the most important people in our society who provide our chilren with their eduction unfortunatley are miseducated when it comes to finance. Art delivers salient indormation in this article specifically for our nation's educators.
SPECIFIC GUIDANCE FOR ExxonMobil RETIREES
Art's bio:
Nothing Changes if Nothing Changes
- Father John -
Art grew up in Cortland, NY as the youngest of six children. After high school, he attended the U. S. Naval Aacademy and served as a Naval Flight Officer in EA-6b Prowlers. While "on the boat", he studied for his Certified Financial Planner designation. Art owned and operatined Armed Forced Fund for nine years, worked as a financial planner with USAA in San Antonio, TX and with Century Management in Austin, TX. Art started his own independent, fee-only financial planning firm Results Wealth Management based in Cedar Park, TX. Art has written two books on financial planning including "Stop Buying $64 hamburgers".
Art is married to Aledia Groth and they are blessed with three children.
Art's Professional Mission is "to provide fundamentally sound financial advice and investment returns which result in clients achieving their desired financial goals over time."
